List of all 3050 Winners of 2019 Tony Elumelu Foundation Grant

Tony Elumelu speaking to 2019 winners in a red suit

List Of all 3050 Winners of Tony Elumelu Foundation 2019 Grant

Who are the winners of the 2019 Tony Elumelu Foundation grants from across Africa?

See the full lists of all winners of 2019 Tony Elumelu Foundation grant for entrepreneurs from across the African continent.

  • In its fifth year running, the Tony Elumelu Foundation had over 216, 000 entrepreneurs apply in 2019.
  • Other 2,050 entrepreneurs will be announced in addition to the 1,000 entrepreneurs Tony Elumelu Foundation will directly fund bringing 2019 beneficiary to 3,050 entrepreneurs.

List Of all 3050 Winners of Tony Elumelu Foundation 2019 Grant

See the full list of all winners of the 2019 TEF grant HERE

  • Some of the parameters used in selecting applicants include feasibility, market opportunity, scalability, leadership skill and viability of the idea.
  • The 2019 cohort selection tripled because of partnership from corporate organisations and government.
  • 3,050 applicants were selected out of the 216,000 submitted applications representing 58% male, 42% female.
  • Africa Development Bank is sponsoring 1,000 entrepreneurs, International Committee of the Red Cross (ICRC) is sponsoring 180 entrepreneurs, the Republic of Benin will empower 5 citizens with $200,000, Government of Botswana is sponsoring 20 entrepreneurs, Anambra in Nigeria is sponsoring 15 entrepreneurs from the state while US Consulate is sponsoring 20 entrepreneurs.

Every year, the foundation opens its application portal to African entrepreneurs, with businesses of less than three years old.

Through its $100 million Entrepreneurship Programme, the Foundation empowers 1,000 entrepreneurs annually, who receive $5,000 in non-refundable seed capital, access to mentors, a 12-week training programme and opportunities to promote their businesses to a global audience.

All applicants receive access to TEFConnect, Africa’s digital entrepreneurial hub, which provides access to networks, training, further capital sources and business opportunities.

As a means of cascading its proven entrepreneurial tool kit to the huge numbers of applicants, the Foundation launched in 2018, TEFConnect, the digital networking platform for African entrepreneurs.

The platform, which has currently over 400,000 users, providing opportunities for entrepreneurs to network, receive training and forge business partnerships to scale their businesses beyond physical borders.

As a means of cascading its proven entrepreneurial tool kit to the huge numbers of applicants, the Foundation launched in 2018, TEFConnect, the digital networking platform for African entrepreneurs.

The platform, which has currently over 400,000 users, providing opportunities for entrepreneurs to network, receive training and forge business partnerships to scale their businesses beyond physical borders.

In the last four years, the Foundation has empowered 4,000 African entrepreneurs directly and an additional 470 entrepreneurs supported by the Foundation’s partners.

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